D Saunders is a manufacturer. His trial balance at 31 December 20X6 is as follows:

Prepare the manufacturing, trading and profit and loss accounts for the year ended 31 December 20X6 and a balance sheet as at that date. Give effect to the following adjustments:
1 Stocks at 31 December 20X6: raw materials £9,050, finished goods £31,200. There is no work in progress.
2 Depreciate machinery £2,000, office equipment £1,500, premises £1,000.
3 Manufacturing wages due but unpaid at 31 December 20X6 £305, office rent prepaid £108.

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Delivery van expenses 2,500 Lighting and heating: Factory 2,859 Office 1,110 Manufacturing wages 45,470 General expenses: Factory 5,640 Office 3,816 Sales reps: commission 7,860 Purchase of raw materials 39,054 Rent: Factory 4,800 Office 2,200 Machinery (cost 50,000) 32,500 Office equipment (cost 15,000) 11,000 Office salaries 6,285 Debtors 28,370 Creditors 19,450 Bank 13,337 Sales 136,500 Premises (cost 50,000) 40,000 Stocks at 31 December 20X5: Raw materials 8,565 Finished goods 29,480 Drawings 8,560 Capital 137,456 293,406 293,406